Kone Elevator India Private Limited

Kone Elevator India Private Limited - information technology in Kancheepuram, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U29141TN1984FTC010913 Incorporated 12 June 1984 ROC Chennai HQ Kancheepuram, Tamil Nadu, India
Active Foreign Private Limited Company information technology Fortune MNC 500 · #178
Revenue · FY 2026
₹4,674.3 Cr
▲ 17% YoY
Net profit · FY 2026
₹466.4 Cr
Net margin 10%
EBITDA · FY 2026
₹760.2 Cr
EBITDA margin 16.3%
Authorised capital
₹92.76 Cr
Registered with MCA
Paid-up capital
₹34.9 Cr
Issued & subscribed
Open charges
₹38.5 Lakh
Satisfied ₹30.52 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
8,400
Provident fund records

About Kone Elevator India Private Limited

Data last updated:

Kone Elevator India Private Limited is a foreign private limited company based in Kancheepuram, Tamil Nadu, India, a subsidiary of Kone Oyj, Finland. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 12 June 1984 and has been in existence for over 42 years.

Kone Elevator India is ranked #178 on the Fortune MNC 500 India (2026).

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29141TN1984FTC010913. Its GSTIN is 33AAACK2567P1Z8 (Tamil Nadu). The company holds 36 GST registrations, of which 33 are active.

The company has an authorised share capital of ₹92.76 Cr and a paid-up capital of ₹34.9 Cr. It was formerly known as Beacon Kone Private Limited and Beacon Kone Limited. It is led by directors Amit Gossain (Managing Director) and Johannes Dan Otto Frande.

Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No : A28 Sipcot Industrial Park Pillaipakkam Sriperumbudur Taluk, Kancheepuram, Tamil Nadu, India – 602105.

As per the financials filed for FY 2026, the company reported a revenue of ₹4,674.3 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹466.4 Cr (net margin 10%) and EBITDA of ₹760.2 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 23% over five years.

The company has about 8,400 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: KONE and KONE. As per MCA filings, the company has open charges of ₹38.5 Lakh and satisfied charges of ₹30.52 Cr on record. Court records list 285 cases involving the company, including 197 filed by the company and 88 filed against it; 41 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20 Cr; the latest was in December 2007. The company has 67 MSME Form 1 returns on record between 2012 and 2024, listing 2,073 overdue payments to 148 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kone.in.

Company details

CIN U29141TN1984FTC010913
Registration Number 010913
Incorporation Date 12 June 1984
ROC Chennai
Listing Status Unlisted
Company Status Active
Parent Company Kone Oyj, Finland
Compliance Status Active Compliant

Name history

Kone Elevator India has undergone 2 name changes throughout its history. The company was previously known as Beacon Kone Private Limited, and Beacon Kone Limited. The current legal name is Kone Elevator India Private Limited.

Company NameStatus
Kone Elevator India Private LimitedCurrent
Beacon Kone Private LimitedPrevious
Beacon Kone LimitedPrevious

CIN history

Kone Elevator India has one previous CIN (Corporate Identification Number): U29141TN1984PTC010913. The current CIN is U29141TN1984FTC010913, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29141TN1984FTC010913Current
U29141TN1984PTC010913Previous
Key People
Amit Gossain Managing Director Johannes Dan Otto Frande Director Chittatoorveeravalli Krishnakumar Seshadri Company Secretary

Recognitions & Rankings of Kone Elevator India

Fortune MNC 500 India 2026 edition
Rank#178
Total income
₹3,978 Cr
Profit
₹482 Cr
Last year #198

Contact details

Kone Elevator India Private Limited's registered office is in Kancheepuram, Tamil Nadu. Its website is kone.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    kone.in
  • Social Media
  • Registered Address
    Plot No : A28 Sipcot Industrial Park Pillaipakkam Sriperumbudur Taluk, Kancheepuram, Tamil Nadu, India – 602105
  • Industry
    Information Technology, Software Development & Support Services

To see the full contact details of Kone Elevator India Private Limited, buy the company report.

Comprehensive company report
Kone Elevator India Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Kone Elevator India operates two associated brands: KONE and KONE. Each brand links to its own profile.

BrandDescriptionWebsite
KONE
Elevators, escalators, and maintenance services for buildings are provided.kone.com
KONE
Elevators, escalators, automatic doors, and related services are provided.kone.be

Business activity

The main business activity of Kone Elevator India is manufacturing. In detail, this covers manufacture of electrical equipment and repair & installation of machinery & equipment, motor vehicles. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing27Manufacture of electrical equipment
CManufacturingC12Repair & installation of machinery & equipment, motor vehicles

To see the full business activity and turnover split of Kone Elevator India Private Limited, buy the company report.

Financials of Kone Elevator India Private Limited

FY 2026 filings available

Kone Elevator India Private Limited reported revenue of ₹4,674.3 Cr (up 17% YoY) for FY 2026.

Revenue · FY 2026
₹4,674.3 Cr ▲ 17%
Net profit · FY 2026
₹466.4 Cr margin 10%
EBITDA · FY 2026
₹760.2 Cr margin 16.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 19%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 27%
5 years · compounded
▲ 15%

Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 17% growth in the latest year. EBITDA fell 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹4,674.3 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹760.2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹466.4 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin16.3%
Net Profit Margin10%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Kone Elevator India Private Limited, buy the company report.

Board of directors and KMP of Kone Elevator India Private Limited

Kone Elevator India Private Limited currently reports 2 directors and 1 key managerial person. 10 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Johannes Dan Otto FrandeDirector26 May 20215 Years 5 MonthsCurrent
Chittatoorveeravalli Krishnakumar SeshadriCompany Secretary27 Feb 200719 Years 8 MonthsCurrent
Amit Gossain
Also directs: Finland Chamber of Commerce in India
Managing Director15 Dec 201510 Years 11 MonthsCurrent
View all directors and KMP

Auditor

Kone Elevator India Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2026.

Auditor firmFinancial yearFirm registration number
S.R. Batliboi & Associates LLPFY 2026101049W/E300004

Shareholding

The shareholding of Kone Elevator India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Kone Elevator India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹38.5 Lakh
Satisfied charges
₹30.52 Cr
Breakdown by lending institutions
Finnish Fund for Industrial Development Cooperation Limited₹0.39 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Jun 198690304106Finnish Fund for Industrial Development Cooperation Limited₹38.5 LakhOpen
28 Feb 200090290226Standard Chartered Bank₹25 CrSatisfied
28 Feb 200090305286Standard Chartered Bank₹3 CrSatisfied
27 Mar 198790304165Industrial Finance Corporation of India₹22 LakhSatisfied
09 Sep 198690304118Bank of India₹40 LakhSatisfied

To see the full charge records of Kone Elevator India Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Kone Elevator India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20 Cr; the latest was in December 2007.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹20 Cr

Deals on record (1 of 2)

WhenDealAmountParties
Dec 2007Secondary share transferUndisclosedSeller: an individual

To see the full deal history of Kone Elevator India Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Kone Elevator India Private Limited has 67 MSME Form 1 returns on record between 2012 and 2024, listing 2,073 overdue payments to 148 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 148)

SupplierAmount dueDue sinceReported on
Subham Expressways LLP
an individual supplier
an individual supplier
Minox Metal Private Limited
an individual supplier

To see the full MSME payment records of Kone Elevator India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Kone Elevator India Private Limited has a workforce of 8,400 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.

Employee count
8,400
Active EPFO establishments
2
Employee growth
6.6%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-278,400
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Kone Elevator India Private Limited, buy the company report.

GST

Kone Elevator India has 36 GST registrations: 33 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
36
Active
33
Cancelled / inactive
3
GSTINStateStatusRegistered on
33AAACK2567P1Z8Tamil NaduActive01 Jul 2017
33AAACK2567P2Z7Tamil NaduActive11 Mar 2025
02AAACK2567P1ZDHimachal PradeshActive01 Jul 2017
03AAACK2567P1ZBPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Kone Elevator India Private Limited, buy the company report.

Recent activity

Kone Elevator India Private Limited has 12 board changes on record since 2007: 3 appointments and 9 cessations. The latest: Johannes Dan Otto Frande ceased to be Additional Director on 23 Sep 2021.

Filing
Kone Elevator India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
AGM
Kone Elevator India Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Ceased
Johannes Dan Otto Frande ceased to be Additional Director.
Appointed
Johannes Dan Otto Frande was appointed as Director.
Ceased
Klaus Thomas Cawen ceased to be Director.
Ceased
Arnoldus Ludovicus Josephus Veeger ceased to be Director.
Appointed
Amit Gossain was appointed as Managing Director.
Ceased
Amit Gossain ceased to be Additional Director.
Ceased
Neeraj Sharma ceased to be Managing Director.
Charges
A charge registered on 28 Feb 2000 via Charge ID 90305286 with Standard Chartered Bank was fully satisfied on 27 May 2014.
Charges
A charge registered on 28 Feb 2000 via Charge ID 90290226 with Standard Chartered Bank was fully satisfied on 27 May 2014.
Ceased
Chittatoorveeravalli Krishnakumar Seshadri ceased to be Additional Director.

19 earlier events are in the company report.

News

Frequently asked questions

Kone Elevator India is an active foreign private limited company based in Kancheepuram, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 12 June 1984 (42+ years old) and is registered under CIN U29141TN1984FTC010913.

Kone Elevator India has 3 current directors and KMP:

The latest financial statements of Kone Elevator India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Kone Elevator India is 33AAACK2567P1Z8, registered in Tamil Nadu. The company has 36 GST registrations in all, of which 33 are active and 3 are cancelled or inactive. Other active GSTINs include 33AAACK2567P2Z7 (Tamil Nadu), 02AAACK2567P1ZD (Himachal Pradesh), 03AAACK2567P1ZB (Punjab).

The CIN (Corporate Identification Number) of Kone Elevator India is U29141TN1984FTC010913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kone Elevator India has 285 court cases on record: 197 filed by the company and 88 filed against it. 41 are pending. Most are in the high courts.

Kone Elevator India was incorporated on 12 June 1984, making it 42+ years old. It is registered with the Registrar of Companies, Chennai.

Kone Elevator India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20 Cr; the latest was in December 2007.

Johannes Dan Otto Frande ceased to be Additional Director on 23 Sep 2021. Johannes Dan Otto Frande was appointed as Director on 26 May 2021. Klaus Thomas Cawen ceased to be Director on 08 Apr 2021. Kone Elevator India has 12 board changes on record in total.

Kone Elevator India has 67 MSME Form 1 returns on record between 2012 and 2024, listing 2,073 overdue payments to 148 micro and small suppliers. The latest return was filed on 25 Apr 2024.

Kone Elevator India can be reached through the website kone.in. Its registered office is in Kancheepuram, Tamil Nadu, India.